Walmart, Lowe’s may raise prices if Trump’s tariff plans take effect, CFOs say

I was working on the assumption that they (the sane, non-MAGA Republicans aka "RINOS") would be the ones who'd initiate it since they'd be the ones on the hot seat when inflation came roaring back worse than ever before.
well the Rinos might but trying to fine a " sane " MAGA is impossible and there are very few sane Republicans left.
 
True, but they can only stretch that out so far, then trump and the Ratpubliclowns will have to answer to the public for it.

Come the midterms, the good guys could take it away from them.

Providing they haven't decided some sneaky-ass, underhanded trump-style trick to make it impossible for the Dems to win.
And I want to add I really , really hope it doesn't happen , it will hurt a LOT of Americans that are already having a hard time.
but like I said if it does The right owns it and we should not let them forget that FACT.
 
Almost every economist thinks tariffs are a stupid idea. The math and logic are not there and past tariffs have shown the damage they can cause.
Trump knows nothing of economics, math, or science. He can barely read.
He isn't that smart for sure ,
You would have thought he would have learned something from the last time he put tariffs on the Chinese we had to bail out the farmers he hurt to the tune of billions of dollars and those tariffs weren't as high as the ones he wants to put on them now.
And with the 20,30, 40 or more % tariffs he says he is going to put on I have NO idea how he thinks the American people are going to afford it , what about the people that are already working two or more jobs and are JUST making it now?
What is going to happen to them?
People better start scoping out a spot under a bridge , and hopefully in a nice warm state ,
 
He isn't that smart for sure ,
You would have thought he would have learned something from the last time he put tariffs on the Chinese we had to bail out the farmers he hurt to the tune of billions of dollars and those tariffs weren't as high as the ones he wants to put on them now.
And with the 20,30, 40 or more % tariffs he says he is going to put on I have NO idea how he thinks the American people are going to afford it , what about the people that are already working two or more jobs and are JUST making it now?
What is going to happen to them?
People better start scoping out a spot under a bridge , and hopefully in a nice warm state ,
In Trump's fantasy tariffs will in just a few years lead to an American manufacturing boom as our can do spirit triumphs.

That wont happen, but Americas standard of living, already sinking, will plummet.
 
In Trump's fantasy tariffs will in just a few years lead to an American manufacturing boom as our can do spirit triumphs.

That wont happen, but Americas standard of living, already sinking, will plummet.
I agree but it is all the damage and pain it is going to cost the AMERICAN people in the mean time .
If we can weather the economic down turn and the possible Recession / depression without millions of people losing everything they own like in the great depression, and with cuts in the safety net system we have now it is going to be really hard for a lot of people.
The MAGA got what they wanted so now they own what ever happens good or bad.
As I have said I hope to hell it works out but I am not so sure it is going to.
 
Almost every economist thinks tariffs are a stupid idea. The math and logic are not there and past tariffs have shown the damage they can cause.
Trump knows nothing of economics, math, or science. He can barely read.
Why did Biden leave all the Trump tariffs in place? Why did Biden add more tariffs of his own? Why did Harris say nothing of removing the existing tariffs during her campaign? Why traditionally, was it unions who supported tariffs?
 

(Gray News) – Walmart and Lowe’s may raise prices on many items if President-elect Donald Trump’s proposed tariff plan takes effect.

During Trump’s presidential campaign, he said he will impose a 10-20% tariff on all imports, and a 60-100% tariff on goods from China.

In an interview with CNBC, Walmart CFO John David Rainey said the retailer “never wants to raise prices” but would have to consider it in cases like this.

Rainey also said it’s too soon to say which products could be affected due to Trump’s tariff plan.


And who exactly does he think pays the 200 Billion dollars in tarriffs? Spoiler: It ain't China.​


6jy5c6kygyk11.jpg
Excellent. We have enuff cheap disposable JUNK in this country as it is. This is a great start. Now people will actually have to buy products that last and do what they should be intended to do and buy healthy food that you actually have to prepare YOURSELF instead of being such lazy unhealthy slobs. This is an excellent start to ending the sickness and SLOTH epidemic in our country.
 

(Gray News) – Walmart and Lowe’s may raise prices on many items if President-elect Donald Trump’s proposed tariff plan takes effect.

During Trump’s presidential campaign, he said he will impose a 10-20% tariff on all imports, and a 60-100% tariff on goods from China.

In an interview with CNBC, Walmart CFO John David Rainey said the retailer “never wants to raise prices” but would have to consider it in cases like this.

Rainey also said it’s too soon to say which products could be affected due to Trump’s tariff plan.


And who exactly does he think pays the 200 Billion dollars in tarriffs? Spoiler: It ain't China.​


6jy5c6kygyk11.jpg
The good news is to think of all those minimum wage sweat shop jobs making $10 hammers that will return to MAGA. :thup:

The MAGAts are too fucking stupid to realize that the US needs to compete in a 21st century economy, not a 19th century one.
 
Why did Biden leave all the Trump tariffs in place? Why did Biden add more tariffs of his own? Why did Harris say nothing of removing the existing tariffs during her campaign? Why traditionally, was it unions who supported tariffs?
For the same reason you say Trump is doing it.
And there were NOT as large as what Trump has said he wants to put on imports.
A 20/30 40 % OR MORE tariff will harm the economy and will drive up costs of just about EVERYTHING we buy putting great harm on lower income workers some working two jobs as it is now and just getting buy.
Then take apart the safety net we have in place now like Trumps people want to do will put even more harm on these low income people.
What do they plan to do about them?
I for one am not looking forward to a deep recession / depression the economists say this could cause.
If it does cause a recession / depression you MAGA wanted it so you will own it.
Lets destroy AMERICA as we have known it all our lives that sounds like a great idea.
And seems like that is what MAGAS want to do.
 

(Gray News) – Walmart and Lowe’s may raise prices on many items if President-elect Donald Trump’s proposed tariff plan takes effect.

During Trump’s presidential campaign, he said he will impose a 10-20% tariff on all imports, and a 60-100% tariff on goods from China.

In an interview with CNBC, Walmart CFO John David Rainey said the retailer “never wants to raise prices” but would have to consider it in cases like this.

Rainey also said it’s too soon to say which products could be affected due to Trump’s tariff plan.


And who exactly does he think pays the 200 Billion dollars in tarriffs? Spoiler: It ain't China.​


6jy5c6kygyk11.jpg

(Gray News) – Walmart and Lowe’s may raise prices on many items if President-elect Donald Trump’s proposed tariff plan takes effect.

During Trump’s presidential campaign, he said he will impose a 10-20% tariff on all imports, and a 60-100% tariff on goods from China.

In an interview with CNBC, Walmart CFO John David Rainey said the retailer “never wants to raise prices” but would have to consider it in cases like this.

Rainey also said it’s too soon to say which products could be affected due to Trump’s tariff plan.


And who exactly does he think pays the 200 Billion dollars in tarriffs? Spoiler: It ain't China.​


6jy5c6kygyk11.jpg
You Marxists don’t shop at walmart
 
For the same reason you say Trump is doing it.
And there were NOT as large as what Trump has said he wants to put on imports.
A 20/30 40 % OR MORE tariff will harm the economy and will drive up costs of just about EVERYTHING we buy putting great harm on lower income workers some working two jobs as it is now and just getting buy.
Then take apart the safety net we have in place now like Trumps people want to do will put even more harm on these low income people.
What do they plan to do about them?
I for one am not looking forward to a deep recession / depression the economists say this could cause.
If it does cause a recession / depression you MAGA wanted it so you will own it.
Lets destroy AMERICA as we have known it all our lives that sounds like a great idea.
And seems like that is what MAGAS want to do.
MAGAts don't realize that tariffs are good to prevent other economies from dumping (supplying at below cost) products, but not blindly across the board simply because they weren't made in the USA.
 
For the same reason you say Trump is doing it.
And there were NOT as large as what Trump has said he wants to put on imports.
A 20/30 40 % OR MORE tariff will harm the economy and will drive up costs of just about EVERYTHING we buy putting great harm on lower income workers some working two jobs as it is now and just getting buy.
Then take apart the safety net we have in place now like Trumps people want to do will put even more harm on these low income people.
What do they plan to do about them?
I for one am not looking forward to a deep recession / depression the economists say this could cause.
If it does cause a recession / depression you MAGA wanted it so you will own it.
Lets destroy AMERICA as we have known it all our lives that sounds like a great idea.
And seems like that is what MAGAS want to do.
This is what’s so funny to me, Peoples positions, and principles, on this extend as far as who the person is doing it. you are here talking about evils of tariffs yet justifying Biden‘s use of them.
 
This is what’s so funny to me, Peoples positions, and principles, on this extend as far as who the person is doing it. you are here talking about evils of tariffs yet justifying Biden‘s use of them.
I am not saying tariffs are totally bad IF they are small ones like the ones Trump put on and Biden kept in place., they can do some good but tariffs of 20, 30 ,40 % or MORE ( 200% in some cases ) are going to do a lot of harm to this country and start trade wars we will not win.
And again many economists say Trumps massive tariffs he says he will put on will cause more harm then good and could put not only this country but the world into a deep recession / depression.
IS that what you want?
 
This is what’s so funny to me, Peoples positions, and principles, on this extend as far as who the person is doing it. you are here talking about evils of tariffs yet justifying Biden‘s use of them.
I am not saying tariffs are totally bad IF they are small ones like the ones Trump put on and Biden kept in place., they can do some good but tariffs of 20, 30 ,40 % or MORE ( 200% in some cases ) are going to do a lot of harm to this country and start trade wars we will not win.
And again many economists say Trumps massive tariffs he says he will put on will cause more harm then good and could put not only this country but the world into a deep recession / depression.
IS that what you want?
Agreed. Benjamin Franklin described it as "Moderation in all things - including moderation". Mathematically, it's also pointed out on the Laffer Curve. Like taxation, or Goldilocks, there's too much and not enough.

OTOH, based on past results, Donnie is 90% hot air and 100% full of excuses. I doubt he'd be allowed to collapse the economy.
Time will tell..probably by next June. :)
 
Agreed. Benjamin Franklin described it as "Moderation in all things - including moderation". Mathematically, it's also pointed out on the Laffer Curve. Like taxation, or Goldilocks, there's too much and not enough.

OTOH, based on past results, Donnie is 90% hot air and 100% full of excuses. I doubt he'd be allowed to collapse the economy.
Time will tell..probably by next June. :)
As I have said IF he is stupid enough to put tariffs as high as he says he wants it will hurt a LOT of low income AMERICANS and on top of that if he takes the safety net we have in place for those low income workers just what are they going to do?
I guess if it happens there will be no room under the Bridges anywhere in the USA.
 
I am not saying tariffs are totally bad IF they are small ones like the ones Trump put on and Biden kept in place., they can do some good but tariffs of 20, 30 ,40 % or MORE ( 200% in some cases ) are going to do a lot of harm to this country and start trade wars we will not win.
And again many economists say Trumps massive tariffs he says he will put on will cause more harm then good and could put not only this country but the world into a deep recession / depression.
IS that what you want?
Did you not read my posts in this thread already? Hint they are saying the exact same thing I have said in every other thread on tariffs, I HATE them.

Tariffs are taxes. So I don’t understand how people are ok with the Trump/Biden original tariffs. They retard growth and increase costs.
 
As I have said IF he is stupid enough to put tariffs as high as he says he wants it will hurt a LOT of low income AMERICANS and on top of that if he takes the safety net we have in place for those low income workers just what are they going to do?
I guess if it happens there will be no room under the Bridges anywhere in the USA.
"Money talks, bullshit walks". If Trump did that, all the TPTB, including his billionaire cronies, would balk and force him to back off. In the backroom, of course. In public, Trump would blame the Democrats.
 
Did you not read my posts in this thread already? Hint they are saying the exact same thing I have said in every other thread on tariffs, I HATE them.

Tariffs are taxes. So I don’t understand how people are ok with the Trump/Biden original tariffs. They retard growth and increase costs.
Again, like the Laffer Curve and the Goldilocks story, there's such a thing as too much and not enough. Why is that so hard to understand?
 
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